Canada’s Shipbuilding Program Underfunded- Big Surprise

CBC News reports that the Canadian shipbuilding strategy, supposed to deliver 15 new surface combatants, 2 replenishment vessels and sundry miscellaneous ships from domestic yards without recent military shipbuilding experience, is significantly underfunded. Among the key problems:
– The spending plan preceded generation of a rational set of requirements
– The plan did not account for military inflation rates
As a result, Parliamentary Budget Officer Kevin Page, as well as defence commentators, expect the price tag to rise drastically in an era of tight budgets.